Is Sirius XM Stock Being Manipulated? [View article]
dcellerate: Here's why you are wrong. When does it become too expensive to hold a stock price down? When the company executes on its business plan and announces the refinancing of the bond in question. Short positions that have been taken at the lower price will be forced into covering, which creates a snowball effect to the upside. Eventually, even Goldman will be forced to cover that position should the 3rd and 4th quarters show progress.
Eventually, risking an additional 400 million to protect 400 million becomes a useless proposition. Should the stock rise, the gains realized from shorting are offset by the monies lost in an attempt to protect it..
Is Sirius XM Stock Being Manipulated? [View article]
Eventually, risking an additional 400 million to protect 400 million becomes a useless proposition. Should the stock rise, the gains realized from shorting are offset by the monies lost in an attempt to protect it..
Getting Sirius About Hurricane Gustav [View article]
There is actually a link on the Sirius Website to do just that with just a click...click "tell a friend"
www.sirius.com/siriusw...
Has Jim Cramer Crossed the Line with Sirius XM? [View article]
Apparently your research skills are lacking as I have written many scathing articles regarding Sirius. I resent your accusations as they are false.
Sirius XM Shorts Scrambling to Cover [View article]
Thanks for your needless rant. No apology required or neccessary.
Sirius XM Cramer Wars Part II [View article]
Sirius Benefits of an iPhone App [View article]